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Investment info

Milestones

TransactiveGrid is formed to demonstrate tokenization and trading of energy between participants with atomic functionality. Prototype is tested on a microgrid in Brooklyn.

2

2016

Co-Tricity project is born to explore energy trading between residential and commercial customers. Prototype is developed with European partners.

3

2016-Present

ConsenSys engages with multiple Fortune 50 energy companies. Several engagements are still ongoing. A small network of Ethereum-aware smart-batteries is deployed in Europe, successfully trading energy with one another.

4

Q2 2017 - Q3 2017

Alex, Mark, and Karl branch off of Enterprise engagements to form Grid+. Software MVP is developed in parallel with hardware agent prototype. The Grid+ white paper is released.

5

Q3 2017

GRID tokens are sold. See white paper for more information.

6

Q4 2017-Q3 2018

First utility is established in targeted region (Q4 2017)
Agent production begins (Q1 2018)
Agents are shipped to first customers and service begins (Q2 2018)
Software reaches v1.0 (Q3 2018)